Franchise Costs Near Summit, NJ (07901)
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07901 is an urban area. with a population of 24,502 and household incomes well above the national median ($177,986).
Area Profile
24,502
Population
$177,986
Median Income
+139% vs. national
Urban
Area Type
Median Age: 40.5 —
older demographic, may prefer sit-down options.
College-Educated: 48.9% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 07901.
25
Business Consultants
10.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,209
Median Gross Rent
$960 K
Median Home Value
13
Bank Branches
$8.2 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 25
- Bank Branches
- 13
vs. National Average
Median Income
+139% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits